Perhaps you may want to speak with a realtor about viewing REOS on the MLS.You can't view them (legally) prior to auction, and they are no longer owner occupied if final judgment has been obtained already.

Based on your prior posts, I'm assuming you're accredited so it won't apply to you.

Problem, I cant buy another multi family till 12/1/18 because of a prior foreclosure in Nov 2011.

If the structure looks bad perhaps you should get a specialist in there before making a decision.Remember that spending additional time prior to making decisions can go a long way!

I chose to do a umbrella liability policy and put everything in my name.

We do plan on consulting with a lawyer/CPA firm prior to pulling the trigger on this transaction.

Prior to the crash the segment of distressed debt we have now in regards to loan inventory in the secondary as well as service providers - such as Mortgage Servicers all emerged.  

Should I ask to add me in his insurance policy?

If all of this wasn’t bad enough, my job was outsourced to India just prior to the “dot-com” bust leaving me and thousands of others unemployed.

While that is not insignificant, it is far less than some feared prior to the BRAC recommendations, and quite a bit less than other major posts suffered (like nearly 30% of the troop strength at Fort Benning, GA).Empirically, investor interest in Killeen was pretty tepid prior to the announcement.